Assume That Black Beans and Rice Are Consistently in the Diet

question 180

Multiple Choice

Assume that black beans and rice are consistently in the diet of one particular family. How could you tell if these goods were complements, substitutes, or unrelated goods?

• A) If the price of black beans rose and the consumption of rice remained the same, they would be substitutes.
• B) If the price of black beans rose and the consumption of rice increased, they would be substitutes.
• C) If the price of black beans rose and the consumption of rice decreased, they would be substitutes.
• D) If the price of black beans rose and the consumption of both goods remained the same, they would be complements.

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Definitions:

Truth Table

A diagram displaying the truth or falsity of a compound proposition as a function of the truth or falsity of its atomic statements and connectives.

Truth Values

The property of propositions that indicates whether they correspond to reality, commonly distinguished as true or false, but in some systems can include other values like unknown or undetermined.

Main Connective

The logical operator in a proposition that has the highest priority in determining the proposition's overall truth value.

Biconditional

A logical statement where both conditions must either be true or false for the statement to be true.